MICR Code: 600020121

Bank: Indian Overseas Bank
IFSC Code: Ioba0001653
MICR Code: 600020121
Address: Super Bazar Complex Alandur Chennai Pin 600016
City: Chennai
District: Chennai
State: Tamil Nadu

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 600020121.

  • In this case first three codes 600 is city code and it represents city Chennai.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 121 represents branch. In our case branch is located at address Super Bazar Complex Alandur Chennai Pin 600016.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.